# Lucky Minerals Discovers Gold in the Initial 384 Metres of Drilling at Wayka Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--52297c2f-c090-4753-97dd-46a465b1b550 Original source: https://money.tmx.com/en/quote/LKY/news/5327937268247296/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka Publisher: tmx Original announcement: 2023-02-07T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lucky Minerals Inc. - Ticker: LKY - Exchange: TSX - Region: Ecuador - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-09-12 11:53:22 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lucky Minerals has reported positive initial drill results from its Wayka Project in Ecuador, with five holes \(DDHW-001 to DDHW-005\) intersecting gold mineralization. The results confirm the continuity of siliceous lenses at depth, though current intercepts represent the margins of an epithermal system. Reasoning: Initial drill results confirm gold mineralization at the Wayka Project, following up on previous trenching. While grades are modest, they demonstrate continuity of the target structure. - Positive factor: Discovery of gold mineralization in first five holes - Positive factor: Continuity of siliceous lenses demonstrated to depth - Positive factor: QA/QC protocols and accredited lab disclosed - Positive factor: Every hole returned anomalous mineralization - Negative factor: Grades are relatively low \(0.64-0.87 g/t Au\) suggesting margins of an epithermal system Facts used in scoring: 4 ## Classification and evidence **QA/QC Protocols** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Company explicitly details insertion of blanks, standards, and duplicates. Evidence · text > All exploration work is completed following QA/QC protocols and include the insertion of a coarse blank, a standard and duplicate sample on every batch of 25 samples. ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### DDHW-003-2023 [Link to this fact](https://atlas-extractions.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--52297c2f-c090-4753-97dd-46a465b1b550#fact-drill-facts-0) Fortuna · gold #### Identity - Hole ID: DDHW-003-2023 - Project: Fortuna - Commodity: gold - Region: ecuador - Reported Region: ecuador - Ticker: LKY #### Geometry - Grade: 0.68 - Grade Unit: g/t - Intercept: 10 m - From: 16 m - To: 26 m - Intercept Depth: 16 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: DDHW-003-2023:16-26 - Mining Method: unknown #### Location - Location: Discovery Zone - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: 10m at 0.68 g/t Au confirms the presence of the target siliceous lenses. - Positive factor: Confirms continuity of mineralization - Negative factor: Low grade Evidence · text > 10 metres at an average grade of 0.68 g/t gold \(DDHW-003-2023\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### DDHW-001-2023 [Link to this fact](https://atlas-extractions.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--52297c2f-c090-4753-97dd-46a465b1b550#fact-drill-facts-1) Fortuna · gold #### Identity - Hole ID: DDHW-001-2023 - Project: Fortuna - Commodity: gold - Region: ecuador - Reported Region: ecuador - Ticker: LKY #### Geometry - Grade: 0.64 - Grade Unit: g/t - Intercept: 7 m - From: 0 m - To: 7 m - Hole Depth: 7 m - Intercept Depth: 0 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: DDHW-001-2023:0-7 - Mining Method: unknown #### Location - Location: Discovery Zone - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: 7m at 0.64 g/t Au intersects silicified rock from surface. - Positive factor: Near-surface intersection - Negative factor: Low grade Evidence · text > 7 metres at an average grade of 0.64 g/t gold \(DDHW-001-2023\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### DDHW-005-2023 [Link to this fact](https://atlas-extractions.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--52297c2f-c090-4753-97dd-46a465b1b550#fact-drill-facts-2) Fortuna · gold #### Identity - Hole ID: DDHW-005-2023 - Project: Fortuna - Commodity: gold - Region: ecuador - Reported Region: ecuador - Ticker: LKY #### Geometry - Grade: 0.87 - Grade Unit: g/t - Intercept: 5.82 m - From: 0.53 m - To: 6.35 m - Hole Depth: 80.2 m - Intercept Depth: 0.53 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: DDHW-005-2023:0.53-6.35 - Mining Method: unknown #### Location - Location: Discovery Zone - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: 5.82m at 0.87 g/t Au in vuggy silica. - Positive factor: Near-surface intersection - Negative factor: Low grade Evidence · text > 5.82 metres at an average grade of 0.87g/t gold \(DDHW-005-2023\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### DDHW-005-2023 [Link to this fact](https://atlas-extractions.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--52297c2f-c090-4753-97dd-46a465b1b550#fact-drill-facts-3) Fortuna · gold #### Identity - Hole ID: DDHW-005-2023 - Project: Fortuna - Commodity: gold - Region: ecuador - Reported Region: ecuador - Ticker: LKY #### Geometry - Grade: 1.13 - Grade Unit: g/t - Intercept: 3.35 m - From: 3 m - To: 6.35 m - Hole Depth: 80.2 m - Intercept Depth: 3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: DDHW-005-2023:3-6.35 - Mining Method: unknown #### Location - Location: Discovery Zone - Loc. Confidence: medium - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: Specific sub-interval within DDHW-005. Evidence · text > the interval from 3.0 to 6.35 metres, \(width of 3.35 metres\) returned 1.13 g/t gold. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.